If you are in the market for a new piece of property and never considered a small town, it might be worthwhile to explore your options. Owning property in a smaller community can have a lot of benefits that real estate in large city might not give you.
The most obvious benefit might be a lower asking price for a comparable home in a small community. Prices in the big city are based on a larger market demand, higher land costs, and many other factors. Small town home prices tend to be a little lower.
A lot can be said about small town values and friendliness. This factor alone will influence many people that look at homes in a smaller community. With smaller schools, less traffic and shorter walks to the playground, you might decide that a small community is a much better environment for your children.
If the town is predicted to be a future growth area, then buying a home here might mean that the value of your house will only go up. If the future growth of your property's equity is a priority, then picking a home in an up and coming town can make sure you meet your goals. While this is more of a long term picture to look at, it is still a very important factor for many when they buy property.
So, you have decided a small town might be right for you. what's next? You could drive through some communities and have a look around and get a sense of what you do or don't like about them. There are a lot of different things you can look at, but here are just a few ideas.
As well as figuring out the distance from the highway and the big city, how about a police station? Is there a medical center nearby? See if you can find the fire department, the scools and playgrounds, and any recreational facilities.
I find small town life to be very rewarding, safe and peaceful. Others like to live in the big city. It is a matter of your priorities, and in many cases the location of your livelihood. If you need more information about a smaller community, ask a local real estate agent. Happy home hunting!
The most obvious benefit might be a lower asking price for a comparable home in a small community. Prices in the big city are based on a larger market demand, higher land costs, and many other factors. Small town home prices tend to be a little lower.
A lot can be said about small town values and friendliness. This factor alone will influence many people that look at homes in a smaller community. With smaller schools, less traffic and shorter walks to the playground, you might decide that a small community is a much better environment for your children.
If the town is predicted to be a future growth area, then buying a home here might mean that the value of your house will only go up. If the future growth of your property's equity is a priority, then picking a home in an up and coming town can make sure you meet your goals. While this is more of a long term picture to look at, it is still a very important factor for many when they buy property.
So, you have decided a small town might be right for you. what's next? You could drive through some communities and have a look around and get a sense of what you do or don't like about them. There are a lot of different things you can look at, but here are just a few ideas.
As well as figuring out the distance from the highway and the big city, how about a police station? Is there a medical center nearby? See if you can find the fire department, the scools and playgrounds, and any recreational facilities.
I find small town life to be very rewarding, safe and peaceful. Others like to live in the big city. It is a matter of your priorities, and in many cases the location of your livelihood. If you need more information about a smaller community, ask a local real estate agent. Happy home hunting!
About the Author:
John is a home owner who likes to research Alberta Property, and he likes to keep up on home prices. For more information on the pros and cons of small towns, visit Eckville Alberta Real Estate Get a totally unique version of this article from our article submission service
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